Cat Forum / Cat Anecdotes / March 2006
currency conversion questions
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jXwXeXrXmXoXnXt@sonic.net - 17 Mar 2006 11:18 GMT I know the answers to these questions are temporary since these things change so often, but it should give me a ballpark, anyway.
Could someone tell me what 8.00 UK pounds is in US dollars?
Also, how does 5.99 EUR translate to American dollars?
Thanks!
Joyce (trying to buy something that seem to be available only in Europe)
Exocat - 17 Mar 2006 12:21 GMT > Could someone tell me what 8.00 UK pounds is in US dollars? > [quoted text clipped - 4 lines] > Joyce (trying to buy something that seem to be available only in > Europe) Haven't got a calc. handy & in a rush so 1 GBP (Great Britain Pound) = 1.8 USD & 1 GBP = 1.45 EURos
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Adrian A - 17 Mar 2006 12:29 GMT > I know the answers to these questions are temporary since these things > change so often, but it should give me a ballpark, anyway. > > Could someone tell me what 8.00 UK pounds is in US dollars? £8.00 = $14.04
> Also, how does 5.99 EUR translate to American dollars? €5.99 = $7.29
> Thanks! > > Joyce (trying to buy something that seem to be available only in > Europe) Source http://www.xe.com/ucc/
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jXwXeXrXmXoXnXt@sonic.net - 17 Mar 2006 13:21 GMT > ?8.00 = $14.04 > ?5.99 = $7.29
> Source http://www.xe.com/ucc/ Oooo, thanks for this!!
Joyce
Marina - 17 Mar 2006 12:29 GMT > I know the answers to these questions are temporary since these things > change so often, but it should give me a ballpark, anyway. [quoted text clipped - 6 lines] > > Joyce (trying to buy something that seem to be available only in Europe) My trusty online conversion site (http://www.onlineconversion.com/) gave these figures:
Friday, March 17, 2006
8 British Pound = 13.99488 US Dollar
5.99 Euro = 7.24161 US Dollar
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Duke of URL - 17 Mar 2006 13:16 GMT jXwXeXrXmXoXnXt@sonic.net @ jXwXeXrXmXoXnXt@sonic.net
> I know the answers to these questions are temporary since these things > change so often, but it should give me a ballpark, anyway. [quoted text clipped - 7 lines] > Joyce (trying to buy something that seem to be available only in > Europe) Go to http://www.xe.com/ucc/ It's alway current, and is very thorough.
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Victor Martinez - 17 Mar 2006 14:14 GMT > Could someone tell me what 8.00 UK pounds is in US dollars? > Also, how does 5.99 EUR translate to American dollars? You can use google too, just type "8 pounds in dollars" or "5.99 euro in dollars". The results are, respectively, $13.96 and $7.2
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jXwXeXrXmXoXnXt@sonic.net - 18 Mar 2006 00:07 GMT > You can use google too, just type "8 pounds in dollars" or "5.99 euro in > dollars". The results are, respectively, $13.96 and $7.2 I guess the dollar is stronger today than it was last night when folks answered, saying that 8 pounds in US dollars was $14.40. :)
Thanks everyone, for all the suggestions for conversion sites and the answers! I've been looking for a Canadian CD, but it appears to be out of print in Canada. However, it was apparently was a huge hit in Germany, because there are many German sites selling new and used copies.
Joyce
EvelynVogtGamble(Divamanque) - 18 Mar 2006 01:25 GMT > > You can use google too, just type "8 pounds in dollars" or "5.99 euro in > > dollars". The results are, respectively, $13.96 and $7.2 > > I guess the dollar is stronger today than it was last night when folks > answered, saying that 8 pounds in US dollars was $14.40. :) Actually, that would mean it's WEAKER, not stronger! (Eight pounds costs MORE, not less, at $14.40 than at $13.96!)
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EvelynVogtGamble(Divamanque) - 18 Mar 2006 01:50 GMT >> > You can use google too, just type "8 pounds in dollars" or "5.99 >> euro in > dollars". The results are, respectively, $13.96 and $7.2 [quoted text clipped - 4 lines] > Actually, that would mean it's WEAKER, not stronger! (Eight pounds > costs MORE, not less, at $14.40 than at $13.96!) OOPS! Sorry, guess I'm the one who got it backwards, this time!
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jXwXeXrXmXoXnXt@sonic.net - 18 Mar 2006 04:09 GMT > > Actually, that would mean it's WEAKER, not stronger! (Eight pounds > > costs MORE, not less, at $14.40 than at $13.96!)
> OOPS! Sorry, guess I'm the one who got it backwards, this time! Oops from me too - I responded to your other email before I saw this one.
Joyce
jXwXeXrXmXoXnXt@sonic.net - 18 Mar 2006 04:09 GMT > Actually, that would mean it's WEAKER, not stronger! (Eight > pounds costs MORE, not less, at $14.40 than at $13.96!) If I have to spend less money to get the same thing in another country, then that means my own currency is stronger. If it takes more US $ to get that same thing (that still costs the same in the foreign currency), then my own money is weaker, hence I need more of it to equal the foreign currency.
Last night a few folks said 8 pounds equals $14.40 US, and today, Victor said it was $13.96. So I guess that means the dollar got a *tiny bit* stronger. Anyway, it was just a joke...
Joyce
Adrian A - 18 Mar 2006 10:49 GMT > > You can use google too, just type "8 pounds in dollars" or "5.99 > euro in > dollars". The results are, respectively, $13.96 and $7.2 [quoted text clipped - 9 lines] > > Joyce As you've noticed, the exchange rate varies all the time. Another thing to consider is the bank may add an additional charge for conversion, most british banks do, though it's not very much and is almost certainly worth paying for something you really want.
John F. Eldredge - 18 Mar 2006 17:19 GMT >> > You can use google too, just type "8 pounds in dollars" or "5.99 >> euro in > dollars". The results are, respectively, $13.96 and $7.2 [quoted text clipped - 14 lines] >british banks do, though it's not very much and is almost certainly worth >paying for something you really want. I would expect any business handling currency exchange to charge a service fee, unless they are using the currency exchange as a loss leader to get you to buy other services from them.
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jXwXeXrXmXoXnXt@sonic.net - 18 Mar 2006 22:41 GMT > I would expect any business handling currency exchange to charge a > service fee, unless they are using the currency exchange as a loss > leader to get you to buy other services from them. What if they're using something like Paypal?
Joyce
John F. Eldredge - 19 Mar 2006 01:31 GMT > > I would expect any business handling currency exchange to charge a > > service fee, unless they are using the currency exchange as a loss [quoted text clipped - 3 lines] > >Joyce Having never done an international purchase through Paypal, I don't know how they handle currency-conversion issues. Nevertheless, currency conversion is likely to insue some expense to the party handling the conversion, or at least some risk of having the rates shift in the unfavorable direction before the conversion is completed, so there would likely either be a surcharge or else it would be built into the general charges.
 Signature John F. Eldredge -- john@jfeldredge.com PGP key available from http://pgp.mit.edu "Reserve your right to think, for even to think wrongly is better than not to think at all." -- Hypatia of Alexandria
Cheryl Perkins - 19 Mar 2006 13:35 GMT I often find it best to buy an international money order in the currency the purchaser uses, making sure to allow for their charges for *international* delivery (and that they offer this option!) and not their domestic delivery charges. Credit card companies (don't know about PayPal, but I doubt they're as flexible as the big credit card companies) will do it for you, but obtaining an international money order in the appropriate denomination is simpler and you know when you buy it how much it comes to in your money. Ummm, barring customs charges at your border, which you can find out by calling your nearest customs office, but which you generally have to pay on arrival of the goods.
Getting the currency the company you want to buy from uses is especially important when ordering *from* a US company when outside the US since US banks are notoriously slow and expensive at changing foreign money for their small customers, and even if a small business will agree to accept foreign money, they naturally will have to charge enough to cover their bankers' charges.
Also - I always used national postal services when ordering from outside my country. I have had rather acrimonious conversations with courier companies when I either forgot to specify or was sent something by a third party who didn't think about this, and was asked to pay enormous fees for clearing customs. This is actually a genuine service - companies that import a lot regularly will hire customs brokers - but can very easily come to more than the value of the parcel for an individual ordering one small object. Post offices don't charge this fee; couriers often, if not always, do.
I almost never order from outside my own country any more. It gets too expensive.
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EvelynVogtGamble(Divamanque) - 19 Mar 2006 02:56 GMT > > I would expect any business handling currency exchange to charge a > > service fee, unless they are using the currency exchange as a loss > > leader to get you to buy other services from them. > > What if they're using something like Paypal? Paypal doesn't operate for free, either! You can be sure there's money to be made somewhere along the line, whnther they call it "commission" or just bury it in the "rate of exchange".
> Joyce EvelynVogtGamble(Divamanque) - 18 Mar 2006 01:19 GMT > I know the answers to these questions are temporary since these things > change so often, but it should give me a ballpark, anyway. > > Could someone tell me what 8.00 UK pounds is in US dollars? $14.057 USD
> Also, how does 5.99 EUR translate to American dollars? $7.306 USD
Here's a URL for future reference: http://www.xe.com/pca/input.cgi
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